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CBRE Global Investors Takes 2 Office Towers in LA Region
HFF marketed the properties on behalf of the seller and procured the buyer. The Blackstone Group had owned the properties as part of its Equity Office portfolio.
CRE Report Examines Stability in Risk Environment
Situs RERC, Deloitte and the National Association of REALTORS have released their annual real estate study, which includes a review of last year’s market realities, as well as a forecast of the trends we should expect in 2018.
JLL to Market, Lease Cutting-Edge Industrial Project
Innovo Property Group and Square Mile Capital Management’s upcoming 840,000-square-foot facility in the Bronx aims to facilitate “last-mile” delivery and will become the first multi-story distribution property on the East Coast.
IRR Report: Cautious Optimism for Moderate, Steady Growth in 2018
The 25th edition of the firm’s annual CRE forecast provides a detailed look at the local and national commercial real estate market across five key property types, and examines economic trends and how they are affecting interest rates, capital markets and housing.
OC Office Campus Undergoes Transformation
Lincoln Property has begun the renovation of a 150,000-square-foot facility in Los Alamitos, Calif. The property consists of two buildings that were constructed more than four decades ago.
Hilton to Expand Curio, Tapestry Brands
With an aggregate 75 new hotels in the works, the two collections are set to expand their presence around the world.
Coworking Expansion in NC Shows Sector’s Growth
Office Evolution’s opening of the Greensboro location—its second in the state—illustrates how coworking is both growing nationwide and expanding into smaller metros.
U Delaware to Become Home of Discovery Hub
The project team consists of architects L2 Partridge, site engineers Tetra Tech, mechanical/electrical engineers RDK and structural engineers O’Donnell & Naccarato.
ASB Fund Sells DC Trophy Building for $144M
Masaveu Real Estate US, an affiliate of internationally diversified Spanish conglomerate Corporacion Masaveu S.A., is the new owner of the 900 G St., N.W., office property in the city’s East End.
Large-Scale Industrial Project Breaks Ground in Phoenix
Irwin G. Pasternack AIA + Associates celebrated the start of construction for TEN Distribution Center 1, which is part of a planned $300 million, 3.6 million-square-foot industrial park.